Export policy and procedure

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Export policy and procedure CHAPTER 1 INTRODUCTION In pursuance of the provisions of paragraph 2.4 of FTP, the director General of 1.1 Notification Foreign Trade (DGFT) hereby notifies the compilations known as HBP v1, HBP v2 and Schedule of DEPB rates. These compilations, as amended from time to time, shall remain in force until 31st March, 2014, except DEPB scheme, which was in operation till 30th September, 2011. Objective is to implement provisions of FT (D&R) Act, Rules and Orders made 1.2 Objective thereunder and FTP (2009-14) by laying down simple, transparent and EDI compatible procedures, which are easy to comply with and administer, for efficacious management of foreign trade. 1.3 Definition For the purpose of this Handbook, definitions and glossary contained in FT (D&R) Act, Rules, and orders made thereunder and the FTP (2009-14) shall apply. CHAPTER 2 GENERAL PROVISIONS REGARDING EXPORTS AND IMPORTS Policy relating to general provisions regarding exports and imports is given in Chapter-2 of FTP. Unless otherwise specifically provided, international trade (i.e. import into India and / or export from India) can take place from / to any country. Country specific prohibitions/limitations, if any, are specified in the FTP / ITC (HS).

2.1 Policy 2.2 Countries of Imports / Exports 2.3 Applicatio n Fee 2.4

The scale of fee, mode of payment, procedure for refund of fee and categories of persons exempted from payment of fee are contained in Appendix-21 B. Territorial jurisdiction of RAs is given in Appendix 1 of HBP v1. The address of

Territorial applicant determines the jurisdiction of RA. Every application, unless otherwise

Jurisdictio specified, shall be submitted to jurisdictional RA concerned. n Regional Authorities (RA) 2.5 of Applicatio n Filing An incomplete or unauthorized application is liable to be rejected giving specific reason for rejection. Such incomplete application may be re-opened on rectifying the deficiencies. of

2.6 Profile ANF 1 contains the profile in of the importer / exporter. IEC Holder shall be of responsible for updating the same as and when a change takes place or in any case at Importer/ least once in a year. Exporter 2.7 Self Applicant shall furnish a self-addressed envelope of relevant size with required postal stamp affixed, in case where the applicant opts to avail the 'Speed Post' facility.

Addressed Stamped Envelope 2.8

IEC (a) IEC is compulsory for import and / or exports. However, the following categories

Number

Exempted of importers or exporters are exempted from obtaining IEC. Categories Sl. No. Categories Exempted from obtaining IEC Importers covered by clause 3(1) [except sub-clauses (e) and (l)] and exporters (i) covered by clause 3(2) [except sub-clauses (i) and (k)] of Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993. (ii) (iii) Ministries / Departments of Central or State Government. Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture. Persons importing / exporting goods from / to Nepal, Myanmar through IndoMyanmar border areas and China (through Gunji, Namgaya Shipkila and Nathula

(iv)

ports), provided CIF value of a single consignment does not exceed Indian Rs.25, 000. In case of Nathula port, the applicable value ceiling will be Rs. 100,000/-. Further, exemption from obtaining IEC shall not be applicable for export of Special Chemicals, Organisms, Materials, Equipments and Technologies (SCOMET) as listed in Appendix - 3, Schedule 2 of ITC (HS) except in case of exports by category (ii) above.

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